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harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the senate majority leader has talked to the president. has there been any reaction from the white house today. >> reporter: the white house is not commenting on these negotiations that are going on over on the hill. they do not want to derail them by speaking out, by agitating the situation, but i tell you that there is a lot of investment here going on behind the scenes. in addition to mitch mcconnell speaking to vice president biden, the president sent his top negotiator, one of his top negotiators, rob nabors over to the hill. he's meeting with senate democrats as well this afternoon. a
harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the...
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harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house to see if they can get it through. >> i want to throw it up on the screen so folks at home can appreciate when we're talking about and what it will mean for people if no deal is reached. the bush tax cuts expire for all americans. that means everyone's taxes go up. the payroll tax holiday will expire which means roughly $1,000 decrease in take home pay for the the average worker. unemployment insurance goes away for more than 2 million people. the sequester as well, $110 billion in automatic spending cuts to defense and other domestic programs. that's going kick in, as well
harry reid was sounding the death knell. what happened yesterday, david? >> congressional leaders came to the white house and had direct talks with the president and john boehner continues to say, look, new it's up to the senate to take action and so there is -- what was noticed on these negotiations and the question is go going, and that's the sticking point and we're waiting to see what happens and we're running out of time and as the other guests have said, it will be up to the house...
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we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the wealthy pay their fair share or shift it to the middle class. frankly, we have had two years of debating, running up to deadlines, putting faith and credit of the country on the line. each time, we agreed to spending cuts. now a total of $1.6 trillion in spending cuts that mainly hit the middle class, low income people, seniors and we still don't have any contribution from the wealthiest americans. that's the line in the sand for us. we know we need to go further on a lot of fronts. you have to start by everybody sacrificing and paying their fair share. >> you may
we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the...
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in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality. >>> the general said that he did agree with president george h.w. bush's decision not to follow saddam's decision into baghdad. >> ladies and gentlemen, when we here, we were 150 miles away from baghdad and there's nobody between us and bagsd. if our intention to take iraq, to destroy the country, if it had been our intention to overrun the country, we could have done it unopposed from this position at that time. >> schwarzkopf was honored for his service with the medal of freedom. queen elizabeth even awarded him with a knight hood. >>> former president george h.w. bush praised his leadership yesterday. general schwarzkopf is survived by his wife and three kids. he was 78 years old. >>> joining us
in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality. >>> the general said that he did agree with president george h.w. bush's decision not to follow saddam's...
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harry reid made that point on the senate floor last week because who knows. maybe there's a few dozen conservatives in the house who don't want this guy to be speaker. i wonder, you're with the tea party. do you want two more years of john boehner as house speaker? >> there are a group of people that are focused on that but i don't think that's our real focus. our real focus is ringing in the out of control spending and living within our means. that's what most people are concerned about. get rid of john boehner, who else are we going to get? i mean, we lost the election. elections have consequences. we're not going to get everything we want. but we need to focus on the real issue of our debt and deficit. instead of focusing on the power of who's in charge in the republican party and the democratic party and who's winning of the two parties? >> let me ask you, you're focusing on the deficit here. if we do nothing with if there's no deal in the next few days, and we do nothing in the first few weeks and there's no patch in the first few weeks of the new year t
harry reid made that point on the senate floor last week because who knows. maybe there's a few dozen conservatives in the house who don't want this guy to be speaker. i wonder, you're with the tea party. do you want two more years of john boehner as house speaker? >> there are a group of people that are focused on that but i don't think that's our real focus. our real focus is ringing in the out of control spending and living within our means. that's what most people are concerned about....
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senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >> he says the onus is on congress, this is your job to get done. he said in the clip we just had, if it doesn't get done, the people who are going to pay are the senior who is will lose out on benefits that they are enjoying. is that an accurate representation of what will happen? >> no! this country needs presidential leadership. the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do
senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >>...
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senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to include something on the estate tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. the
senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders...
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so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind. that's true. >> at the end of the day, mitch mcconnell is a much better leader of his caucus than john boehner is and he's really controlled the levers of the filibuster process. i would find that very surprising if he couldn't win his caucus. the problem is here never have we seen, not in my lifetime, a weaker speaker of the house of representatives than john boehner. john boehner has essentially thrown up his hands and walked away from the congress and the main da mandate and he's essentially said, you guys pass something. it's the house t
so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind....
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. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot of finger pointing and no answers as i said and just days remaining until tax increases and spending cuts all kick in and we all feel the pain. mike emanuel live with the news for us tonight on capitol hill. top democrats seem to be suggesting they cannot cut a deal without republican help. >> well, harris, that is right. and so they are asking what it will take to at least get some republican support. they say time is so critical. they cannot just roll out new legislation only to have the republicans reject it. we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow
. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot...
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senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying the house is really at an impasse. i don't think they can pass it on their own, but if there's a bipartisan deal that senate republicans and senate democrats can pass, the speaker's office indicated they may bring it up in the house even if they only get 1/3 or 1/2 of the republicans, if there are enough democrats, it can pass in the house. that's really been the problem. the speaker wants to bring a bill and get the majority. >> jack, let me ask you, one of the complaints we've heard is that speaker boehner has a policy he does not bring a bill to the floor of the house that does not have a majority repu
senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying...
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senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town, we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i've asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle-class families don't go up. that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. >> all of this still developing. and we will have more on all of it with mark shields and david brooks later in the program. >> also ahead >> warner: also ahead, between now and then; protesting a gang rape in india; mass producing high quality education
senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town, we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate, i expect a...
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harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous continue sent for a lot of things to happen. >> and we're now hearing that the white house is denying there's a new plan from the president. so the white house and harry reid are both denying scott brown and gopas about this new physical cliff plan which puts us back to square one. you tackled this issue of john boehner's control over his conference. in a really interesting way. you basically said he's a substitute teacher in the sense that even when he disciplines folks like holtzcamp who were insubordinate and ripped them of comm
harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous...
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majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting at the white house. we're told there was a discussion of potential options and components of a plan that could pass both the house and senate. here's the top senate republicans take. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward i can make to my conference and the majority leader can make to his conference. so we'll be working hard it to try to see if we can get there in the next 24 hours. >> that's sets up a critical day on sunday when house republicans and their colleagues the democrats return an
majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting...
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>> well, you just heard from senator reid he's pessimistic. i told you he's probably one of the biggest pes mists on the planet but i think in this particular case he has good reason to be pessimistic. the one thing that i think is important to also note is that what reid is telling people privately, i'm told, is that he doesn't want to bring anything up for a vote unlil he is sure it will pass both houses of congress and one of the reasons for that is a political one. he knows republicans won't want to take a vote to effectively increase taxes for that reason, to say i did it because i want to make sure most americans kept their tax cuts in place but also because of the markets. they really feel here if they take a failed vote and we still go over the fiscal cliff it will make the market reaction even worse than it would be if the fiscal cliff just happens which is not going to be a good scene probably. >> dana, that ing you very much. we'll be back with you in a half hour. >>> the adupgs of a russian child was almost complete. now an america
>> well, you just heard from senator reid he's pessimistic. i told you he's probably one of the biggest pes mists on the planet but i think in this particular case he has good reason to be pessimistic. the one thing that i think is important to also note is that what reid is telling people privately, i'm told, is that he doesn't want to bring anything up for a vote unlil he is sure it will pass both houses of congress and one of the reasons for that is a political one. he knows...
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harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. they can say we votes to cut taxes for 98% of households. but it is the only scenario that i cap see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bill passed with ome democratic votes and despite this repeated calls for the house to pass it. he knows that he himself is the reason it can't happen. the paperwork never left the senate. i said at that time we knew it didn't pass constitutional muster. it has one procedural rule for congress that all tax bills m
harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset....
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aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's backfired. also flying back on air force one is hawaii lieutenant governor brian schatz. he is replacing the late senator from hawaii, senator inouye. he'll likely be sworn in later today. schatz tweeted he's looking forward to supporting the president's agenda. reporting live in washington, i'm danielle leigh. >>> treasury secretary tim geithner is adding to the pressure saying the treasury may not be able to pay its bill on monday. that could lead to a credit downgrade. in his letter, geithner proposes a series of measures to postpone the date. geithner indicates his plan would free up about $2 who billion. >>> we no
aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's...
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senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate i expect a bill to go on the floor. and i've asked senator reid to do this put a bill on the floor that makes sure that taxes on middle-class families don't go up. that unemployment insurance is still available for 2 million people and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. >> all of this still developing. and we will have more on all of it with mark shields and david brooks later in the program. >> also ahead >> warner: also ahead, between now and then; protesting a gang rape in india; mass producing high quality education and
senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate i expect a bill...
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. >>> wrestle joann reid, doug thornle is a democratic strategist and former national press secretary for the dccc. and gang, it's great to have all of you here we hear the congressman talking about, and the side by side blows your mind. debbie wasserman schultz, congresswoman and also the party chair of the dnc appeared on the last hour with richard lui talking about this. listen to her take. >> they're willing to take us over the fiscal cliff essentially controls john boehner, preventing him from being able to make any reasonable deal to avoid taxes increasing on 98% of americans and 97% of small businesses. >> being held hostage. knew that the clock was ticking. >> well, i don't know if it's so much that he boxed himself in. there is a fact out there that we now see more districts represented by people who win by over 20%, so they are hyper-partisan. yes, there are more republicans who are hyper-partisan than there are democrats. >> is boehner betting on the president losing? >> i don't know. i think what he was betting on is he could play his cards a little better. where he really
. >>> wrestle joann reid, doug thornle is a democratic strategist and former national press secretary for the dccc. and gang, it's great to have all of you here we hear the congressman talking about, and the side by side blows your mind. debbie wasserman schultz, congresswoman and also the party chair of the dnc appeared on the last hour with richard lui talking about this. listen to her take. >> they're willing to take us over the fiscal cliff essentially controls john boehner,...
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staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part ofhe discussion. that is significant development r house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate leader
staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that...
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reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice president biden in these talks means that though these talks are stalled, negotiations continue. harry reid and mitch mcconnell had some problems getting to a final offer, final counteroffer this afternoon. but the inclusion of vice president biden means the white house is in the loop with what minority leader mcconnell is doing. >> how much hope is really the question here, ryan? taking the cost of living essentially, the cpi off the table for social security, which was going to be a non-starter for harry reid and for the president, so i guess the republicans could sa
reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice...
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harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of increase. that is called chain cpi. for democrats it is a nonstarter. here is majority leader harry reid. >> we're not going to have any social security cuts. at this stage that doesn't seem appropriate. i still hold out hope that we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> so you hear some sense that there might be a potential for movement. i think we have to judge everything in little incremental steps. why do republicans want that? basically their focus is if they are giving on tax increases which we get the indication they are willin
harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of...
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senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman putting out a tough statement of his own saying quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're
senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman...
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senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly. the president has come to the table with numerous proposals. he isn't picking a fight. he's fighting for the american people. we all want a deal. but we will not give up our core principles. the president ran on families and has the american people on his side. that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything
senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly. the president has come to the table with numerous proposals. he isn't picking a...
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senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that all of that back and forth between senators reid and mcconnell, had that come out during market hours, the market would have reacted very differently. so far apart. i didn't hear anything in the way of compromise there. >> even before of the house meeting, marks were down 1.2%. that's noise but not really a panic. the result of the fiscal cliff here is not risk off. it's risk protation into those areas of the investable landscape. look at emerging markets, lock at europe. they are decoupling. if anything, price is still very bull ir. i would rather liste
senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that...
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harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to interrupt you, we're going to keep tracking this story together. >>> coming up next, a man you're not seeing on tv, he's playing in the background. he may be the most feared man in washington and he doesn't even hold office. >> if i went and became a tibetan monk on the top of some mountain somewhere, the american people would still, they were against tax increases long before i was born. the whole tea party thing predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so
harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to...
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aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline, hoping it would force a compromise. so far, that's backfired. also flying back on air force one is lieutenant governor brian schatz and will likely be sworn in later today. just before taking off, he tweeted that he's looking forward to supporting the president's agenda. reporting live in washington, i'm dan yeielle leigh. mara, back to you. >> thank you. >>> tim geithner is adding to the pressure to get the office calf cliff deal done. in an open letter wednesday, he warned the federal government may not be able to pay its bills once the country reaches its borrowing limit on december 31st, which is mon
aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the...
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john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't even agree on a million. that's a $750,000 gap they have to close. let's hope they do that. thank you. >>> commanders in chief past and present paying tribute to retired general norman schwarzkopf this morning. the commander of coalition forces during the gulf war died yesterday at 78. schwarzkopf was the face of military briefings during the first cable news war. former president george h.w. bush who is hospitalized, said the general was a true american patriot, one of the great military leaders of this generation. >>> new york city police are looking for a woman who pushed a man
john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't...
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without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7% solution for a 100% problem. i was struck by the fact that not a single democrat supported speaker boehner's plan "b" when that was actually nancy pelosi's solution which was to raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan "b." it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. so congressman, did the speaker miscalculate and do you think he'll be challenged for the speakership when the new congress convenes?
without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to support yet until i see it. the previous congressman you had on, raul, interesting enough, his office is right next to mine in longworth. the fact of the matter is we're going to have to find a place to come together. that the president has offered a 7%...
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senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year, and the only choice we have is to save taxes going up on the middle class, then i would support that. >> last weekend, "the wall street journal" had a great piece going behind the scenes on the fiscal cliff negotiations. and in it, they quoted this exchange between speaker boehner and president obama. mr. boehner said he wanted to deal along the lines what the two men had negotiated, summer of 2011, in the fight over raising the debt ceiling. "you missed your opportunity on that," the president told him. cold. but what we know right now, what we know from
senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year,...
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but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to get something done. and so, you know, these deals usually come together at the last moment. that's what happened in the budget bill, the debt ceiling bill. i think that's going to happen again. >> joining me from capitol hill is mike viqueira. thanks for being here. >> hey. >> you heard congressman cole there, number four house republican, deputy whip. he knows a bit about this. is he just trying to sound sort of positive? what do you take from that on the ground? >> i don't think that tom cole has the constituency, although he's known as a reasoned member a
but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to...
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harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will review legislation to make decisions on how fast -- best to proceed. >> it takes time for the house and senate to get something done. if there
harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington...
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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i think the senate -- senator reid is amazing at gettin' republican votes on things when he needs to get it. this is one of the times where he'll need to get it because speaker boehner will not be able to pass anything with the majority of his caucus as proved last week. i think there will be enough pressure not to be the one going over the cliff. 'cause if they waiting to over the cliff, there will be more democratic votes in the senate, more democratic votes in the house. and they could quickly get to fixing the tax problem a day or two after the new congress is sworn in on thursday the 3rd. >> arthel: as michael alluded to, the wheeling and dealing, we know it's going on on both sides of the aisle, burr there is also that intraparty negotiations that's happening. so what would you see are the deal breakers inside the democratic party as well as inside the gop party? >> listen, i really think that they should look at this and look at the fact that when you raise taxes, people have less money to spend. you're harming the middle class, the class that obama is claiming that he wants t
i think the senate -- senator reid is amazing at gettin' republican votes on things when he needs to get it. this is one of the times where he'll need to get it because speaker boehner will not be able to pass anything with the majority of his caucus as proved last week. i think there will be enough pressure not to be the one going over the cliff. 'cause if they waiting to over the cliff, there will be more democratic votes in the senate, more democratic votes in the house. and they could...
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what's harry reid left to do right now? >> i'm not sure $250,000 could get through the house or senate at this point. republicans are signaling, as kay bailey hutchison just did, they want to move to $500,000. i think that would be a tough lift considering president obama offered $400,000 with $2 trillion in deficit reduction. >> from where you sit right now, i mean, you're so into the house gop, jake, i'm surprised you didn't end up in boehner's suitcase, we look like we're going over. >> it looks like that's the case and that's what gop aides are telling us today, it's very difficult and democrats are saying this too, it's difficult to see a way we avert the fiscal cliff at this point with how slow the senate operates, no plan right now, house is nowhere, and it's almost january. >> highway to the danger zone, jake sherman, politico, thank you so much for joining us, we appreciate it. >>> developing news on president george h.w. bush's health. this is "andrea mitchell reports" only on msnbc. we've all had those moments. w
what's harry reid left to do right now? >> i'm not sure $250,000 could get through the house or senate at this point. republicans are signaling, as kay bailey hutchison just did, they want to move to $500,000. i think that would be a tough lift considering president obama offered $400,000 with $2 trillion in deficit reduction. >> from where you sit right now, i mean, you're so into the house gop, jake, i'm surprised you didn't end up in boehner's suitcase, we look like we're going...
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mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might be amended, might be changed a bit. has to go back to the senate quick for changes. but he said will indeed be considered. the question, can perhaps all the democrats plus at least some republicans, come together to pass something while a bunch of conservative republicans will oppose it, because it's raising taxes for one thing. >> the issue of taxes, is this a consequence of really what happens with bush 41? who is recovering in the hospital, by the way, right now and certainly our thoughts are with him. when he broke that pledge, read my lips, no
mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might...
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the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for shepard smith. first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go
the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for...
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we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before the $400,000 offer that john boehner the white house would contend walked away from when he proposed his $1 million threshold in this situation right now. that and a priority that the president outlined a week ago on friday before leaving to join the family in hawaii saying he wanted to extend unemployment benefits for a lot of americans. 2 million plus beginning to lose unemployment benefits, beginning of the end of the this week and significant element, as well. the president indicated to reporters when he spoke in the reefing room last he was open to several smaller steps enroute to a smaller package and unclea
we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before the $400,000 offer that john boehner the white...
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you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this meeting goes. it's just about to start here in dc. meanwhile, on capital hill, the fighting continues, and in some corners, a sense of pessimism. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? we'll be going over the cliff because the closer we get to the end, the less likely it is you can compress an agreement into place that will have enough votes to pass. >> this is basically it. the first time in weeks the top democrat, the top republican from the house and senate have gotten together here at the white house with the president and vice preside
you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this...
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you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the other panelists. you had this going on in effect for a year not as intensely for the past several weeks but we've known about the uncertainty. there has been in paradoxical way certainty about the uncertainty you know this will happen. we bet on recent experience congress will either fail to get something done or get something slapped dash and ugly at the last minute. i think you have american public that be looed at this. said a pox on both of their houses and come to expect basically the worst from washington. adam: doug, let me ask you this. on behalf of those of us who do
you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the...
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senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through
senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is...
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the president said he is urging the senate leaders, reid and mcconnell to come back to him with a plan by sunday. he says if they're unable to do that, then he is demanding that his backup proposal from last week allowing tax rates to rise for those making $250,000 and extending unemployment we was for 2 million jobless americans whose benefits will run out on january 1st, he wants that proposal to go to the house and the senate, the senate first, and demands an up or down vote. >> if you can get a majority in the house and a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> again, the president reiterated he wants that up or down vote and says that the american public deserves it. the president's remarks came after an hour meeting -- let me try that again. the president's remarks came an hour and a half after he finished a white house talking session on the fiscal cliff with republican leaders john boehner and mitch mcconnell and democratic lea
the president said he is urging the senate leaders, reid and mcconnell to come back to him with a plan by sunday. he says if they're unable to do that, then he is demanding that his backup proposal from last week allowing tax rates to rise for those making $250,000 and extending unemployment we was for 2 million jobless americans whose benefits will run out on january 1st, he wants that proposal to go to the house and the senate, the senate first, and demands an up or down vote. >> if you...
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Dec 30, 2012
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reid and dr. armanda for advice. >> the biggest thing we're doing differently now is not trying to remove every fragment of bone or piece of metal penetrating into the cranual vault compared to previous conflicts, we're doing a larger incision. typically, we'll leave half of the skull off anywhere between 4 to six months and it's longer than a civilian sector. >> reporter: during the 12 years while limb prosthetics improved dramatically for the wounded warrior, so have skull prosthetics, going fromplastic to a new and improved titanium resisting infection and allows better facial reconstruction for the patient. one of the patients works for him and he is a former special operator medic who was blown up in january 2009. his skull was smashed when he was thrown into a concrete mall. >> -- wall. >> it's like swimming with false clothing on. can you do it but you're not as efficient and you slower and takes a hard time to get there and you awkward. until the brain actually catches up with what you wan
reid and dr. armanda for advice. >> the biggest thing we're doing differently now is not trying to remove every fragment of bone or piece of metal penetrating into the cranual vault compared to previous conflicts, we're doing a larger incision. typically, we'll leave half of the skull off anywhere between 4 to six months and it's longer than a civilian sector. >> reporter: during the 12 years while limb prosthetics improved dramatically for the wounded warrior, so have skull...